US NewsJeff Koons ‘Rabbit’ Sets Auction Record for Most Expensive Work by Living Artist

18:25 16 may 2019

18:25 16 may 2019 Source:
msn.com

Was Jeff Koons’s balloon bunny worth a record &dollar;91 million?

The poster boy of art-world excess, Koons set a contemporary-art price record at auction on Wednesday night. Here’s why.

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for .1 million with fees, breaking the record at auction for a work by a living artist , set just last November by David Hockney.

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for .1 million with fees, smashing the record at auction for a work by a living artist , set just last November by David Hockney.

Robert E. Mnuchin, an art dealer and the father of Treasury Secretary Steven Mnuchin, made the winning bid for Mr. Koons’s 1986 “Rabbit” from an aisle seat near the front of the salesroom. He was seated near Peter Brant, the collector and private museum-owner, and Jeffrey Deitch, the dealer.

It was the ultimate prize among six works offered at Christie’s from the collection of the magazine publisher S.I. Newhouse Jr., who died in 2017. Estimated to raise at least $50 million, this sculpture, made in an edition of three and one artist’s proof, was the last example left in private hands, according to Christie’s.

One of Francis Bacon’s ‘screaming popes’ sells at auction for £39m

Study For A Head (1952) is considered one of Bacon’s most important left in private hands.

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

The price, surpassing the $90.2 million with fees achieved, again at Christie’s, for Mr. Hockney’s 1972 painting, “Portrait of an Artist (Pool With Two Figures),” confirmed how Mr. Koons’s metal sculptures have become the ultimate billionaire trophies produced during the contemporary art boom of the 1980s and ’90s. The Hockney milestone came at the expense of Mr. Koons, the previous record-holder, whose “Balloon Dog (Orange)” sold at auction for $58.4 million in November 2013.

No. 17 by Mark Rothko ($32.6 million)

The American artist’s rare ‘blue’ oil on canvas was painted while Rothko was at the pinnacle of his career in 1957. The verdant hues of the artwork symbolizes the artist's experiential nature. He painted it just months before he began working on the famous Seagram Mural series. The artwork was sold at a Christie's auction.

Monet Sells for &dollar;110.7 Million, Breaking Artist's Record

Claude Monet’s eponymous 1890 painting of haystacks turned purple under a setting sun, sold Tuesday for &dollar;110.7 million——a record for the impressionist and a record for any impressionist work of art.

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

(Editor's note: All figures in U.S. dollars unless otherwise indicated. Please check out our Currency Converter for the latest values.)

Femme assise, robe bleu by Pablo Picasso ($45 million)

The painting was sold at Christie's auction in New York City, New York, U.S., on May 15, 2017. Created on Picasso's birthday on Oct. 25, 1939, the artwork portrays one of Picasso's lovers Dora Maar – a photographer and painter.

Untitled, 1982 by Jean-Michel Basquiat ($57.3 million)

The acrylic on canvas was painted in Modena, Italy, in 1982 — six years before young painter's death due to drug overdose. It is a self-portrait of the artist as a fiery devil rising amid an explosion of colors. The painting was acquired by an anonymous Japanese bidder at a Christie's auction.

Femme Assise by Pablo Picasso ($63.4 million)

A Cubist painting by Picasso was sold at Sotheby’s auction in London, England, on June 21, 2016. The painting, made in 1909, broke the record for the highest price for a cubist work at any auction. According to experts, “Femme Assise” depicts Picasso's lover and frequent model Fernande Olivier. The current owner bought it in 1973 for $486,000.

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

Jeff Koons ’s record -breaking Rabbit shines bright in New York. Iconic sculpture sells for ,075,000 making Koons the most expensive living artist Bidding for Buffalo II continued for just short of 11 minutes, sending the price soaring past the previous world auction record for the artist before the

Juin-Octobre 1985 by Zao Wou-Ki ($65 million)

The 33-foot-long (10 meters) oil painting by the Chinese-French artist sold for a record $65 million (510 million Hong Kong dollars) in Hong Kong on Sept. 30, 2018, making it the most expensive painting to be auctioned in the country, according to Sotheby's. It was commissioned by architect I.M. Pei for the Raffles City in Singapore.

Bal du moulin de la Galette by Pierre-Auguste Renoir ($78.1 million)

The French artist painted a typical Sunday afternoon scene at Moulin de la Galette, a local business center in 1876 Paris. It was sold at Sotheby's in New York City in May 1990. Adjusting for inflation, this piece is now priced at $141.5 million.

Portrait of Dr. Gachet by Vincent van Gogh ($82.5 million)

Dutch artist Vincent van Gogh painted this masterpiece in 1890, depicting the doctor who treated him. Dr Gachet sits by a table with two books and a medicinal herb in the foreground. There are two versions of this painting in different colors and style, one of which was sold by Gogh's sister-in-law for 300 Francs in 1897. Today, the painting is worth $149.4 million.

Restaurant diner accidentally served up £4,500 bottle of wine

A restaurant diner had a special treat when they were accidentally served up a £4,500 bottle of wine.

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for .1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

Portrait of an Artist (Pool with Two Figures) by David Hockney ($90.3 million)

The swimming pool painting was sold at a Christie’s auction in New York on Nov. 15, 2018, for $90.3 million, a record for a living artist. The 1972 painting is a result of juxtaposition of "two photographs, one of Peter [Hockney's former lover and muse] and another of a swimmer." It was first sold in 1972 by Hockney's New York dealer for just $18,000.

Meules by Claude Monet ($110.7 million)

The painting, one of Monet's iconic works, was sold at an auction in New York on May 14, 2019. The 1890 painting is from his "Haystacks" series, depicting rural life near his home in the Normandy region. It was sold for just $2.5 million when it was last auctioned in 1986.

The Scream by Edvard Munch ($119.9 million)

Edvard Munch’s famous artwork was sold at Sotheby's in New York in May 2012, making it the most expensive painting ever auctioned at the time. The work, which was created in 1895, was sold by businessman Petter Olsen, whose father knew the Norwegian artist.

Portrait of Adele Bloch-Bauer I by Gustav Klimt ($135 million)

Austrian painter Gustav Klimt completed this dazzling gold-flecked painting in 1907. It is a portrait of Adele Bloch-Bauer I, the wife of a Jewish sugar industrialist who commissioned the artwork. It was bought by American businessman Ronald Lauder in 2006. As of 2015, the painting is worth $158.5 million.

'Scissor Sisters' mother back living here

'Scissor Sisters' mother back living here

Jeff Koons ' stainless steel sculpture " Rabbit " set a record on Wednesday when it sold for more than million at Christie's in New York City. In November, David Hockney's "Portrait of an Artist (Pool with Two Figures)" set the now-shattered record for most expensive work by a living artist to sell

His works have sold for substantial sums, including at least one world record auction price for a work by a living artist .[1] On November 12, 2013 by a living artist sold at auction .[2] The price topped Koons ' previous record of US.7 million[3] and the record for the most expensive living artist

Woman III by Willem de Kooning ($137.5 million)

This oil painting was one of the six in the series made by the Dutch-American abstract expressionist between 1951 and 1953. American billionaire Steven Cohen bought it from David Geffen in 2006. Adjusting it for inflation, the painting is now valued at $161.5 million.

No. 5, 1948 by Jackson Pollock ($140 million)

The American artist created it in 1948 by dripping and drizzling paint on a fiber board, instead of a canvas. This work is hailed as one of the finest achievements of the abstract expressionist movement. In 2006, American businessman David Geffen sold it to a private buyer, who is rumored to be Mexican financier David Martinez. According to The Guardian, the painting is now worth $164.4 million.

Three Studies of Lucian Freud by Francis Bacon ($142.4 million)

In 1969, Irish-born British painter Francis Bacon painted fellow artist and rival Lucian Freud in this tri-pane. The artwork shows Freud sitting in a cane chair within a cage, with the headboard of a bed in the background. The style is abstract, distorted, and isolated. 'Three Studies of Lucian Freud" was sold at an auction in 2013 to an undisclosed buyer.

Le Rêve by Pablo Picasso ($155 million)

Le Rêve, or The Dream, is said to be painted by the famous Spanish artist on one fine afternoon of January 1932. The painting (pictured right) portrays Picasso's 22-year-old mistress Marie-Therese Walter. Steven Cohen bought this oil painting in 2013 from Las Vegas casino magnate Steve Wynn.

Survival sex: 'Women are living in fear of the state'

Women are being "forced into selling sex" because they have few other options and live in fear of the state, an MP has warned. Steve McCabe's comments come after the work and pensions committee held its first parliamentary hearing on evidence that welfare reforms, including Universal Credit, are linked to a rise in "survival sex". The committee heard evidence from charities and support organisations directly supporting people, mainly young women and mothers, who are involved in sex work in order to earn enough money for living essentials, such as food or a place to stay.

A sculpture by American artist Jeff Koons sold on Wednesday for .1 million at an auction organized by Christie's in New York -- a record price for a living artist . Created by Koons in 1986, " Rabbit " is among the best-known works by the artist , who built a reputation for challenging art

Jeff Koons ’ “ Rabbit ” sculpture broke the auction sales record for work by a living artist on Wednesday, selling at Christie’s in New York for .8 million. When the hammer came down, the sculpture — which had been estimated at million to million — went for a winning bid of

Nu Couché by Amadeo Modigliani ($170.4 million)

Modigliani's painting of a reclining nude woman fetched a nine-figure sum at a Christie's New York sale in 2015. It was bought by an unnamed Chinese collector. The price dwarfed the next-highest paid for a Modigliani, the $70.7 million paid for his sculpture "Tête" in 2014.

Les Femmes d'Alger (Version O) by Pablo Picasso ($179 million)

Picasso created this piece after being inspired by French master Eugene Delacroix, who had painted "The Women of Algiers in their Apartment" in 1834. Version O of "Les Femmes d’Alger" signifies the culmination of the series and was considered to be Picasso’s most important painting in private hands.

The Card Players by Paul Cézanne ($250 million)

"The Card Players" is a series of five oil paintings created by Paul Cezanne from 1894 to 1895. The paintings show French farmers, deeply immersed in their card game and smoking pipes. The work is considered as a significant French post-Impressionist art and often described as ‘human still life.’ One of the five versions of the series was bought privately by the royal family of Qatar in 2011.

Nafea Faa Ipoipo? by Paul Gauguin ($300 million)

The 1892 painting by the French post-impressionist artist — "Nafea Faa Ipoipo?" or "When Will You Marry?" — depicts two Tahitian women. Art collector Rudolf Staechelin reportedly sold it to a buyer in Qatar in 2015.

Salvator Mundi by Leonardo da Vinci ($450.3 million)

One of the 20 original paintings in existence by the Italian artist, the masterpiece was sold at Christie's in New York City on Nov. 15, 2017. It shows Christ in a Renaissance dress, with a raised right hand while holding a crystal sphere in his left. Believed to have been painted after 1505, it was first commissioned by Louis XII of France and later owned by Charles I of England.

20/20 SLIDES

Critics pointed out that the “Rabbit” sculpture elegantly and enigmatically alludes to earlier pieces by such artists as Constantin Brancusi, Marcel Duchamp and Andy Warhol.

“I always thought it would be in the pantheon,” said Mr. Deitch. “It was instantly embraced by artists and cultural critics, and it’s kept its resonance for all these years.”

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows

A sculpture by American artist Jeff Koons sold on Wednesday for .1 million at an auction organised by Christie's in New York - a record price for a living artist . Timothy A. Clary, AFP | A man poses next to Jeff Koons ' " Rabbit " at Christie's New York press preview on May 3, 2019.

This validation is all the sweeter for Mr. Koons, whose career trajectory has been contradictory, controversial and uneven. In 2017, slowing demand for some of his more recent works necessitated a major downsizing of his studio. Auction prices for his most valuable sculptures have also slumped. Since 2014, the most recent spike in sales of contemporary art, the highest price paid for a Koons sculpture at auction was $22.8 million, for the colored aluminum sculpture “Play Doh,” according to the Artnet database of salesroom prices.

Mr. Koons has been embroiled in suits accusing him of copying, and in 2016, he upset the French cultural establishment by giving Paris a colorfully upbeat “Bouquet of Tulips” sculpture, inspired by the Statue of Liberty, as a memorial to victims of recent terrorist attacks in France.

There are so many strange, disconcerting aspects to Jeff Koons, his art and his career that it is hard to quite know how to approach” it, Roberta Smith wrote in the The New York Times, reviewing his retrospective at the Whitney Museum of American Art in 2014, then its largest survey devoted to a single artist.

His work ranges from the notorious pictures that depict the artist in flagrante with his then-wife, Ilona Staller, known in her porn-star days as La Cicciolina, to knowingly kitsch sculptures like one of Michael Jackson with Bubbles, his pet chimpanzee, to his reflective, oversize “Rabbit” that “turns the hare into a space-invader of unknown origin,” Ms. Smith wrote.

In all, the six contemporary works from the Newhouse collection raised $115 million Wednesday evening. On Monday evening, five Impressionist and modern works owned by Mr. Newhouse had raised $101 million. Before this week, this group of 11 had been estimated at $130 million.

Other notable sales included a Louise Bourgeois “Spider” cast in 1997, which sold for $32 million, a record for the artist and the second-highest price paid at auction for a work by a woman.

Because Christie’s offered the two choicest estate collections of the week, the sale was packed with classic works by major names of American postwar and contemporary art. The auction began with 11 works from the Robert B. and Beatrice C. Mayer family, based in Chicago. Buying directly from dealers in the 1960s, the Mayers amassed a formidable collection of Pop Art.

While most of us are looking for affordable options for our needs, there are some who splurge on food and cocktails worth thousands of dollars, or vehicles worth millions. Here's a look at some of the most expensive things available in the world.

Most expensive car

Bloomberg reported in October 2013 that an unnamed buyer bought a 1963 Ferrari 250 GTO racer for $52 million, making it the most expensive car. The car was earlier owned by Paul Pappalardo, a collector in Connecticut, USA.

Most expensive pizza commercially available

The pizza with white truffle is sold at a price of US $150 (£100) at Gordon Ramsey's Maze restaurant in London. The thin-crust pizza has a topping of onion puree, fontina cheese, baby mozzarella, pancetta, cep mushrooms, wild mizuna lettuce and a rare Italian white truffle.

Most expensive postage stamp

David Feldman auctioneers from Geneva, Switzerland, sold the Swedish "Treskilling" Yellow stamp for US $2,255,403 (CHF2,870,000) on November 8, 1996. The 3 skilling-banco "yellow" stamp was later resold in 2010 at a higher, undisclosed price.

Most expensive sushi

Chef Angelito Araneta Jr. of Philippines prepared the most expensive sushi in 2010 priced at US $1,978.15 (91,800 Philippine Pesos). The nigiri sushi was garnished with diamonds and wrapped in 24-karat gold leaf.

Most expensive painting by an Old Master sold at auction

The Massacre of the Innocents, an Old Master art by Flemish painter Peter Paul Rubens, was sold to Kenneth Thomson, chairman of the Thomson newspaper empire, for US $76.7 million (£49.5 million) on July 10, 2002.

Most expensive perfume

Clive Christian No. 1 perfume for men or No. 1 for women was launched in London in November 2005. The limited collection was sold for $205,000 (£115,000) per 500 ml. Delivered in a Bentley, the perfume was packed in a Baccarat crystal flacon, which is decorated with a five-carat white diamond and an 18-carat gold collar.

Most expensive kiss sold at auction

Most expensive sculpture sold at auction

L'Homme qui marche I, a 1.8-metre-tall bronze, was sold for US $103,676,000 (£65,000,000) at an auction in London on February 3, 2010. The sculpture was made by Swiss artist Alberto Giacometti in 1960.

Most expensive home

Indian industrialist Mukesh Ambani’s residence Antilia is the most expensive home in the world with a construction cost of US $1 billion. The twenty-seven story house has an area of 37,161 square meter and is managed by a staff of 600 people.

Antilia

Most expensive autograph

A signed photo by the rock band 'The Beatles' is the most valuable autograph in the world. According to Paul Fraser Collectibles it’s worth a staggering US $43,758.

25/25 SLIDES

“They were important collectors, and they bought early,” said David Nisinson, a collector and art adviser in New York. “Christie’s had a lot of fresh material from well-known collectors that hadn’t been seen for years.”

The pick of the Mayer works was Robert Rauschenberg’s 1964 silk-screen painting, “Buffalo II,” evoking the turbulent political climate after President John F. Kennedy’s assassination. It sold for $88.8 million with fees. The couple had acquired the painting in 1965 from the Leo Castelli Gallery in New York.

“It’s a very significant painting,” said Mr. Nisinson. “And Rauschenberg has been undervalued compared to other artists.”

Most of Mr. Rauschenberg’s most innovative works from the 1950s and ’60s, particularly his trailblazing “Combines,” have long been held in museums and rarely appear on the market. This early silk-screen painting, packed with evocative imagery, is the most significant Rauschenberg to appear at auction in years. The previous high for Rauschenberg had been $18.6 million in 2015, according to Artnet. Another Mayer prize was Roy Lichtenstein’s “Kiss,” from 1962, which brought in $31.1 million.

Jacob Bernstein contributed reporting.

Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows.
Dublin is second highest in the world for transport costs and one of the most expensive cities to rent in, new research shows

— Share news in the SOC. Networks

Topical videos:

$91m 'Rabbit' sets record for most expensive auction of living artist's work

A sculpture by Jeff Koons created a record by fetching the highest ever price for the work of a living artist at an auction. Koons' 'Rabbit', made in 1986, was ...

Similar from the Web

Jeff Koons ‘ Rabbit ’ Sets Auction Record for Most Expensive Work

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for $91.1 million with fees, breaking the record at auction for a work by a living artist , set just last November by David Hockney.

Jeff Koons ‘ Rabbit ’ Smashes Record for Work by a Living Artist

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for $91.1 million with fees, smashing the record at auction for a work by a living artist , set just last November by David Hockney.

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

Koons ’s ‘ Rabbit ’ makes him the most expensive living artist

Jeff Koons ’s record -breaking Rabbit shines bright in New York. Iconic sculpture sells for $91,075,000 making Koons the most expensive living artist Bidding for Buffalo II continued for just short of 11 minutes, sending the price soaring past the previous world auction record for the artist before the

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

A 1986 " Rabbit " sculpture by American pop artist Jeff Koons sold for $91.1 million in New York on Wednesday, a record price for a work by a living artist , Christie's auction house said. The playful, stainless steel, 41 in (104 cm) high rabbit , regarded as one of the most celebrated works .

BREAKING NEWS: Julian Assange is hit with 18 new charges for conspiring with Chelsea Manning . A federal grand jury returned the indictment against him in Virginia on Thursday afternoon. The WikiLeaks founder is accused of working with Manning, a former soldier, to obtain and disseminate […]

A 102-year-old retirement home resident is being investigated after her 92-year-old neighbour was murdered in northern France. Staff at the home in Chezy-sur-Marne discovered the victim's body in her bed in the early hours of Saturday morning. She had reportedly sustained injuries to her […]